Joining a Presale
Last updated
Last updated
When joining a token presale on H4SHFund there are four distinct phases to a token's launch. The timing of each phase is controllable by the token creator thus phase durations can vary between different tokens.
During the presale phase, users can participate by using their $AVAX to purchase an allocation of tokens. After swapping your AVAX, you will receive an RX (Receipt) token, which represents your participation in the presale and is proportional to your future token allocation.
You can change your mind and withdraw from the presale round without penalty.
Note: You will not receive the actual tokens until the token has graduated and is available for live trading, or, if vesting is enabled, until the vesting period is complete.
Once the presale phase is closed, withdrawals become restricted. At this stage, those who purchased may still withdraw their participation, but a variable penalty may be applied. Any leftover allocations can still be purchased.
All withdrawals during this phase may incur a variable fee. This fee/penalty is dictated by the token creator and is accrued in AVAX and rewarded to the token creator's treasury address.
During this phase, the token launch is imminent, and both withdrawals and purchases of tokens are blocked. This is a cooldown period while awaiting the token's launch and graduation to live trading on a DEX.
A countdown timer will appear on the user interface, displaying the time remaining until the token is ready for launch. Once the countdown ends, anyone can click "Launch" to deploy the token, graduating it to live trading.
Once the token has graduated to the DEX, live trading begins, allowing anyone to trade the token freely. During this phase, the H4SHFund in-app Trading Suite becomes available, enabling users to trade the token directly from the platform.
If vesting was enabled, presale participants can begin claiming their presale tokens once the vesting cliff ends.
H4SHFund allows token creators to enable and fully customize token vesting parameters. If the token you purchased during the presale is subject to vesting terms, you can manage and claim your tokens directly from the H4SHFund user interface.
Vesting is facilitated through our partnership with Sablier, which we’ve integrated into the H4SHFund protocol to offer seamless token vesting.
From the vesting card, users can track essential information, including the start and end dates of the vesting duration. Users can also claim their available tokens as they become unlocked.
